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Maple Valley Apartments 7201 Maple Valley Rd 10 Unit Apartment Building $1,121,506 CAD ($112,151 CAD/Unit) 7.78% Cap Rate Brown City, MI 48416
Investment Highlights
- Turnkey
- Tenant paid electric, gas, water
- 90% occupied
Executive Summary
Maple Valley Apartments has 10 units, 5 one-bedroom and one-bath units and 5 two-bed and one-bath units. These unit types range from 700 and 850 square
feet, respectively. Currently Maple Valley Apartments is operating at 100% physical occupancy and has maintained this level of performance for many years, requiring only minimal management oversight from ownership.
IPO has projected an NOI going forward of $61,866 based on average street
rents and the 2025 Year End Financial Statement. Current street rent across
the units is $895.
All units feature espresso cabinets, some
with dishwashers.
Onsite laundry room
Low expenses - Tenant paid electric, gas, water.
feet, respectively. Currently Maple Valley Apartments is operating at 100% physical occupancy and has maintained this level of performance for many years, requiring only minimal management oversight from ownership.
IPO has projected an NOI going forward of $61,866 based on average street
rents and the 2025 Year End Financial Statement. Current street rent across
the units is $895.
All units feature espresso cabinets, some
with dishwashers.
Onsite laundry room
Low expenses - Tenant paid electric, gas, water.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 5 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 300-017-200-050-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $275,273 CAD |
Property Taxes
Parcel Number
300-017-200-050-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$275,273 CAD
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Maple Valley Apartments | 7201 Maple Valley Rd
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